List of Canadian provinces and territories by gross domestic product
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This article lists Canadian provinces and territories by gross domestic product (GDP). While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them.
Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...
, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and
midwestern United States The Midwestern United States, also referred to as the Midwest or the American Midwest, is one of four census regions of the United States Census Bureau (also known as "Region 2"). It occupies the northern central part of the United States. I ...
. The economies of
Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest T ...
,
Saskatchewan Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on t ...
,
Newfoundland and Labrador Newfoundland and Labrador (; french: Terre-Neuve-et-Labrador; frequently abbreviated as NL) is the easternmost province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region ...
and the territories rely heavily on
natural resource Natural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. ...
s. On the other hand,
Manitoba Manitoba ( ) is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population o ...
,
Quebec Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirte ...
and
The Maritimes The Maritimes, also called the Maritime provinces, is a region of Eastern Canada consisting of three provinces: New Brunswick, Nova Scotia, and Prince Edward Island. The Maritimes had a population of 1,899,324 in 2021, which makes up 5.1% of C ...
have the country's lowest per capita GDP values. In the face of these long-term regional disparities, the
Government of Canada The government of Canada (french: gouvernement du Canada) is the body responsible for the federal administration of Canada. A constitutional monarchy, the Crown is the corporation sole, assuming distinct roles: the executive, as the ''Crown-i ...
redistributes some of its revenues through unconditional
equalization payments Equalization payments are cash payments made in some federal systems of government from the federal government to subnational governments with the objective of offsetting differences in available revenue or in the cost of providing services. Many fe ...
and finances the delivery of comparable levels of government services through the
Canada Health Transfer The Canada Health Transfer (CHT) (french: Transfert canadien en matière de santé) is the Canadian government's transfer payment program in support of the health systems of the provinces and territories of Canada. The program was originally com ...
and the
Canada Social Transfer The Canada Social Transfer (CST) (french: Transfert canadien en matière de programmes sociaux) is the Canadian transfer payments, Canadian government's transfer payment program in support of post-secondary education, social assistance, and social ...
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GDP and per capita GDP, 2021

A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2021. For illustrative purposes, market income (total income less government transfers) per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.) Source:
Statistics Canada Statistics Canada (StatCan; french: Statistique Canada), formed in 1971, is the agency of the Government of Canada commissioned with producing statistics to help better understand Canada, its population, resources, economy, society, and cultu ...
: GDP (totals), Population, Total income and government transfers, Population covered by income data


International comparisons, 2021

In the table below, the figures from the previous table are converted to
United States dollar The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the officia ...
s using the ratio of the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...
's estimate for Canada's GDP by
purchasing power parity Purchasing power parity (PPP) is the measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries' currencies. PPP is effectively the ratio of the price of a bask ...
(PPP) to Canada's nominal GDP. The per capita GDP PPP for the relevant year of other advanced economies with a population of at least 15 million according to the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...
is provided as comparison. (Note that because the same conversion rate is used for all of Canada, this method overstates the GDP PPP of provinces and territories with high price levels, and understates the GDP PPP of provinces and territories with low price levels.) Source:
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...


Real GDP at basic prices, 2014-2018

A table listing annual GDP at basic prices from 2014 through 2018 in chained 2012 dollars. Caution: GDP at basic prices differs from GDP in the treatment of taxes and subsidies. Source:
Statistics Canada Statistics Canada (StatCan; french: Statistique Canada), formed in 1971, is the agency of the Government of Canada commissioned with producing statistics to help better understand Canada, its population, resources, economy, society, and cultu ...


Components of GDP, 2014

A table of Canadian provinces and territories by descending GDP (at current prices and expenditure-based); all figures are from
Statistics Canada Statistics Canada (StatCan; french: Statistique Canada), formed in 1971, is the agency of the Government of Canada commissioned with producing statistics to help better understand Canada, its population, resources, economy, society, and cultu ...
. Figures may not add up precisely due to omission of the statistical discrepancy column and the "Outside Canada" row.


See also

*
Economy of Canada The economy of Canada is a highly developed mixed-market economy. It is the 8th-largest GDP by nominal and 15th-largest GDP by PPP in the world. As with other developed nations, the country's economy is dominated by the service industry wh ...
* List of Canadian provinces by unemployment rate


Notes


References


Gross domestic product, expenditure-based, by province and territory 2006-2010 (Statistics Canada)


* ttp://www.fin.gc.ca/fedprov/eqp-eng.asp Department of Finance Canada: Equalization Program {{DEFAULTSORT:Canadian provinces and territories by gross domestic product
Gross domestic product Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is of ...
GDP, Canadian provinces and territories GDP, Canadian provinces and territories Provinces and territories by gross domestic product Gross state product Canada, GDP